AT&T's Business Is Shrinking Not Growing, Say Analysts
AT&T misses its revenues in its quarterly earnings report. Jonathan Chaplin of New Street Research and Craig Moffett of Moffett Nathanson join the "Closing Bell" team to debate on how investors should be trading the stock.
Video length 00:03:58
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I heard 2 analysts indicate $T as a strong buy. So clearly mixed signals when it comes to this stock.
Did they say why?
Potential in advertising, HBO competing with Netflix, and a safe div at 6 1/2 percent they think it’s close if not at bttm.
Sure, but $T must still execute and prove itself; that is why it's on hold by most analysts, put the potential is there.
One of the many reasons they wanted $TWX. Adapt or die. $IBM has been able to turn it around. I think $T waited too late.